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Featured AlphaTack Intel Article
BlackRock Private Credit Fund’s Valuations Are Probed by DOJ
Federal prosecutors are scrutinizing valuation practices at a BlackRock Inc. private credit fund, according to people with knowledge of the matter. The Manhattan US Attorney’s office in recent months has been seeking information about BlackRock TCP Capital Corp., a...
– AlphaTack Intel Articles –
Yellen Says Fraud is Huge, Growing Problem in Banking System
US Treasury Secretary Janet Yellen said that fraud in the banking system is becoming a huge problem and that her department is now using artificial intellignece to detect and deal with the issue. “I absolutely agree with the premise — which is that fraud is becoming a...
Alphabet Needs More Than Strong Results to Tame Wall of Worries
Antitrust risk and competition in search have pressured shares Google parent trades at rare valuation discount among megacaps Alphabet Inc. shares have gone nowhere for months, trailing Magnificent Seven peers as investors struggle to price risks confronting the...
Musk’s xAI Seeks $40 Billion Valuation in New Funding Round
Startup set to raise more cash after $6 billion round in May Billionaire’s AI company has sought to compete with OpenAI Elon Musk’s artificial intelligence startup xAI is seeking new funding at a roughly $40 billion valuation, according to a person familiar with the...
Share of Brits Paid the Lowest Wages Plunge to Least Since 1997
UK chancellor to reportedly announce increase in minimum wage Sharp minimum wage rises are fueling fears of job losses The share of British workers in low-paid jobs has plunged in the last decade to a record low of 3.4%, a reflection of growing minimum wages, adding...
Job openings fall to lowest level since January 2021
Job openings fell more than expected in September. The data comes as investors closely watch for signs of further cooling in the labor market ahead of the Federal Reserve's next interest rate decision on Nov. 7. New data from the Bureau of Labor Statistics released...
D.R. Horton Plunges as Homebuilder Says Buyers Taking a Pause
Company says mortgage rate buy-down incentives will continue ‘There’s just a lot of noise in the market today,’ CEO says D.R. Horton Inc. shares fell the most in more than four years after the homebuilder reported disappointing results for its fiscal fourth quarter...